Slide 1: FY2019 1st Quarter Financial Results
DENSO Crafting the Core FY2019 1st Quarter Financial Results ended June 30, 2018 July 31, 2018 DENSO CORPORATIO
Slide 2: Overview of FY2019 1st Quarter Financial Results
Overview of FY2019 15t Quarter Financial Results 1. Revenue increased due to the increase in car production, sales expansion and the subsidiaries, DENSO TEN and TD mobile, which were consolidated last fiscal year. Despite a rise in production volume and cost reduction efforts, operating profit decre
Slide 3: Overview of the Consolidated Financial Results
[Overview of the Consolidated Financial Results] 1. Consolidated revenue totaled 1,331.2 billion yen, increased by 166.2 billion yen (+14.3%) from the previous year. 2. Consolidated operating profit totaled 90.9 billion yen, decreased by 2.3 billion yen (-2.4%) from the previous year. 3. Consolidate
Slide 4: Sales by Customer (Quantity Base)
[Sales by Customer (Quantity Base)] Sales to Toyota Group Sales to the Toyota Group increased by 16.2% from the previous year. The reasons are as follows; 1) Impact of DENSO TEN. 2) The car production increased in China. 2) Vehicle equipped with safety-related products has been increased in Japan. S
Slide 5: Sales by Product (Quantity Base)
[Sales by Product (Quantity Base)] Sales of Thermal Systems Products Sales increased in Europe and North America due to the production volume increase. Sales of Powertrain Systems Products Sales increased in Asia and Japan due to the production volume increase. Sales of Mobility Systems Products Sal
Slide 6: Factors that Contributed to Increases or Decreases in Operating Profit
[Factors that Contributed to Increases or Decreases in Operating Profit] Negative factors 1. Expense : -7.5 billion yen / Depreciation: -6.0 billion yen was due to the increase of investment for future competition area. 2. Labor cost : -5.5 billion yen was due to wage increase mainly in Japan. 3. Ot
Slide 7: Revenue and Operating Profit by Each Region
[Revenue and Operating Profit by Each Region*] *Based on Japanese yen
Slide 8: Revenue and Operating Profit by Each Region
[Revenue and Operating Profit by Each Region*] *Excluding the effect of foreign exchange In Japan 1. The revenue increased by 15.3% from the previous year due to a rise in vehicle production and an increase in vehicles equipped with safety-related products, as well as the impact from the newly conso
Slide 9: 1st Half Financial Forecast
[1st Half Financial Forecast] Upward revision to the first-half forecast considering the first-quarter financial results. 1. We expect revenue of 2,660.0 billion yen. 2. We expect operating profit to be 161.0 billion yen. 3. We have not revised the foreign exchange rate of the 2nd quarter and after
Slide 10: Full year Financial Forecast
[Full year Financial Forecast] Upward revision to the full year forecast considering the first-quarter financial results. 1. We expect revenue of 5,400.0 billion yen. 2. We expect operating profit to be 390.0 billion yen. 3. We used 106 yen to the U.S. dollar and 130 yen to the euro for the full yea
Slide 11: Factors in Full-Year Forecasts for Operating Profit
[Factors that Contributed to Increases or Decreases in Full-Year Forecasts for Operating Profit] Negative factors -107.9 billion yen is due to the increase in Depreciation, Labor cost and Expense for investment in future competition area as well as the impact of Currency exchange loss. Positive fact
Slide 12: Sustainability Management
Sustainability Management mie Determination of Materiality Environment Peace of Mind Governance Prevention of global warming @Development of @ Promotion of diversity @ Prevention of air pollution/ safety related products @Work style reforms Reduction of movement gaps cancellation 6 other items envir
Slide 13: DENSO
DENSO Crafting the Core
Slide 14: Appendix
Appendix + Pre-Conditions (Foreign Exchange Rate/Car Production) + Consolidated Revenue by Customer + Consolidated Revenue by Product + Trend of Capital Expenditures, Depreciation and R&D Expenditures + Capital Expenditures, Depreciation, and R&D Expenditures DENSO Crafting the Core
Slide 15: Pre-Conditions (Foreign Exchange Rate/Car Production)
Pre-Conditions (Foreign Exchange Rate/Car Production) 12 Fy2019 Full Year FY2019 First-Half FY2019 Second-Helf 1Q Prior Forecast | Forecast Forecast | Forecast Forecast | Forecast year | Actual | Change |Prior Year| Grignaiy|(Revised)} “PAF PMO" Yt origina |cRevisecd | PB JPM Y°A4 origina) | Revised
Slide 16: Consolidated Revenue (By Customer)
Consolidated Revenue (By Customer) 13 (Unit: Billions of Yen) Change FY191Q FY18 19 Change Goeed difference Amount _[% to Total] Amount _|% to Total] Amount | % % Toyota 559.2 42.0 480.6| 41.3 78.6 | 16.4 16.0 Daihatsu 29.6 2.2 26.6 2.3 3.0| 11.2 12.3 Hino 17.3 13 13.4 Ly 3.9| 29.2 29.2 Toyota Group
Slide 17: Consolidated Revenue (By Product)
Consolidated Revenue (By Product) . (Unit: Billions of Yen,%) Change FY19 19 FY18 19 Change ae difference Amount | %toTotal] Amount | % toTotal| Amount % % Thermal Systems 358.0 26.9) 354.2 30.4) 3.8 1.4 0.4 Powertrain Systems 326.9 24.6) 299.3 25.7) 27.6 9.2 8.2 |__Mobility Systems 221.5 16.6 142.2
Slide 18: Trend of Capital Expenditures, Depreciation and R&D Expenditures
Trend of Capital Expenditures, Depreciation and R&D * Expenditures < >Ratio to FY19F = (_—)- Ratio to Revenue [Bil. Yen] (9.2%) (8.8%) (9,0%) (8.8%) (9.2%) 500 495.0 2~4Q 409.2 447.4 354.2 400.0 399.3 | 400 ; 110 396.4 334.1 337.4 347.2 295.0 | 300 268.6 i 236.8 241-1 / 220.1 | 200 | <23.9%> <22.4%>
Slide 19: Capital Expenditures, Depreciation and R&D Expenditures
Capital Expenditures, Depreciation and R&D Expenditures 16 (Unit: Billions of Yen) 1Q YTD Progress FY18 nan Change to PvI9 1Q 1Q from PY Forecast Japan 54.7 217.7) 52.6) 240.0) -3.8%| 21.9% North America 8.3) 43.8) 15.0) 62.5) 80.7% 24.0% Europe 5.2| 30.8) 5.3} 32.0) 1.9% 16.6% Asia 10.7] 82.7] 15.7